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| Issuer | Bank Emisyjny w Polsce (Bank of Issue in Poland) |
|---|---|
| Year | 1940 |
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| Value | 2 Zlotys (2 Złote) |
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| Obverse description | At right, an octagonal vignette contains a three-quarter portrait of a young woman wearing a traditional head scarf, rendered in fine intaglio. The central field carries the large denomination text 'DWA ZŁOTE' over a guilloche underprint, with the issuer name 'BANK EMISYJNY W POLSCE', date, and place of issue 'KRAKÓW 1. MARCA 1940 R.' below. The numeral '2' appears in the lower-left corner, with a serial number printed in red across the lower centre. |
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| Obverse lettering | BANK EMISYJNY W POLSCE DWA ZŁOTE BANK EMISYJNY W POLSCE KRAKÓW 1. MARCA 1940 R. PREZYDENT ZASTĘPCA PREZYDENTA DWA ZŁOTE (Translation: Bank of Issue in Poland Two Zlotys Kraków 1 March 1940 President Deputy President) |
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| Comments |
The Bank Emisyjny w Polsce was a German-controlled institution established in April 1940 to replace the Bank of Poland and sever the occupied territory's financial ties with the Polish government-in-exile in London. Its notes were deliberately designed to look authoritative — a psychological tool as much as a monetary one. The bank's statutes formally prohibited it from financing the Polish state, which was the point entirely.
The PWPW printing plant had been evacuated from Warsaw before the German occupation and relocated to Kraków, where this note was produced — a detail that frequently causes confusion when the Warsaw-based printer credit is read against the actual place of manufacture.